Common use of No Actions Against Obligors Clause in Contracts

No Actions Against Obligors. Except in accordance with the Credit and Collection Policy, commence or settle any legal action to enforce collection of any Purchased Receivable.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/)

AutoNDA by SimpleDocs

No Actions Against Obligors. Except in accordance with --------------------------- the Credit and Collection Policy, commence or settle any legal action to enforce collection of any Purchased Receivable.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Raytheon Co/)

AutoNDA by SimpleDocs

No Actions Against Obligors. Except in accordance with the Credit and Collection Policy, commence Commence or settle any legal action to enforce collection of any Purchased ReceivableSet Receivable except in conformance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (North Atlantic Energy Corp /Nh)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!